Put the Following Classes in the Order Allowed by the Bankruptcy

question 37

Multiple Choice

Put the following classes in the order allowed by the Bankruptcy Act, starting with the highest priority to the lowest: ?
1) Expenses to administer estate
2) Tax claims of governmental units
3) Wages (including salaries and commissions) up to $\$ 10,000$ earned within 180 days
4) deposits up to $\$ 1,800$ each for goods or services never received from the debtor

• A)-1,3,4,2
• B)-3,1,2,4
• C)-4,2,1,3
• D)-2,1,3,4

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Definitions:

Time Connectors

Words or phrases used to link ideas across time in a text, such as "then", "later", and "afterward".

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Quality Check

The process of reviewing and inspecting a product or service to ensure it meets the required standards.

Continuous Improvements

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